Consider your exit strategy from the very start, before you even open your business, in fact. Having an end in mind (and a timetable) can affect how you structure your business, which can have tremendous tax and inheritance consequences down the road.

Do you want to sell 100 percent, take the money and run? Do you want to keep your hand in, help guide the firm during its transition? Do you want to retain an ownership percentage to supplement your retirement fund, make a loan to the buyers to provide an ongoing source of income?

From the Franchising community comes this quick and easy article on exit possibilities. Although structured for franchisees, the insight is universal. Get customized insight beginning with a courtesy consultation at EGS.

Content considerations are always part of an EGS custom strategy for firms with active websites and marketing/sales collateral. Contact us to learn tactics leading to a stellar exit.

http://endgame-success.com/wp-content/uploads/2018/03/224ad890-9bc0-481e-be82-1c78d77919d8.jpg7351020Murry Shohathttp://endgame-success.com/wp-content/uploads/2015/12/EndGameSuccess-Logo-1.pngMurry Shohat2018-03-21 21:24:252018-03-21 21:24:25Content Marketing in an Exit Strategy: How to Plan Ahead for a Big Win

Driven entrepreneurs think about every aspect of their business except, sometimes, what comes after it. You may sell your business. You may want the business to stay in the family. Or you may want something in between.

Given a range of changes made to the Internal Revenue Code by the Tax Cuts and Jobs Act of 2017—which we’ll call the “Tax Act” for short—many privately held businesses are reconsidering their current corporate structure.

This is the first of several post-tax reform articles we plan to offer. EGS is ready to help you figure out which method is best, beginning with a courtesy consultation.

http://endgame-success.com/wp-content/uploads/2015/12/EndGameSuccess-Logo-1.png00Murry Shohathttp://endgame-success.com/wp-content/uploads/2015/12/EndGameSuccess-Logo-1.pngMurry Shohat2018-03-17 18:33:232018-03-17 18:33:23Post U.S. Tax Reform, What Corporate Structure is Right for You?

All good things must come to an end. If you own your own business, the end can only come in three ways: selling your business, giving it away or closing up shop. And the best way to ensure the decision is yours to make is to have a plan – a business exit strategy.

Berkshire Hathaway just reported that it holds a whopping $116 billion in cash, making up almost a quarter of the company’s market capitalization. Buffett isn’t happy about it, and as he said in his letter to shareholders, he’ll feel a lot better once he’s put that cash to work. In fact, Buffett laid out exactly what acquisition criteria he’s looking for in a prospective purchase, and if your business meets the following six tests, then the Oracle of Omaha wants to hear from you.